HDFC Bank Limited · statement narration
ACCT CLOSURE CHG
A fee for closing your account within a defined period after opening it.
In plain English
A fee for closing your account within a defined period after opening it.
Also printed as CLOSURE CHARGES, AC CLOSE CHG, ACCOUNT CLOSING CHARGES, PREMATURE CLOSURE CHG.
Hinglish mein
Account khulne ke kuch samay ke andar band karne par lagne wala charge.
What it costs, including GST
Savings & Salary Accounts — Service Charge Portfolio · Branch
Time since opening and customer category
| Rate | Bank’s figure | With 18% GST |
|---|---|---|
| Up to 14 days — standard | ₹0 | — |
| 15 days up to 12 months — standard | ₹500 | ₹590 |
| 15 days up to 12 months — Senior Citizen | ₹300 | ₹354 |
| Beyond 12 months — standard/Senior Citizen | ₹0 | — |
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Explicitly supported by current HDFC BSBDA fee page; the same timing/standard amount and senior-citizen variant are independently present on multiple current HDFC savings-family pages. Do not automatically apply to every HDFC account/product without exact product selection.
Why it happened
The account was closed inside the chargeable window after the first transaction.
How to avoid it
Close within the initial free window (commonly 14 days), or wait until the account is over a year old. No charge applies where the account is closed due to the holder's death.